Argentina Raises Rates, as Emerging Markets Turbulence Spreads

Argentina’s central bank raised interest rates, trying to halt a plunge in the value of the peso. The turmoil led to a sell-off in other emerging-market currencies.
The New York Times
By LANDON THOMAS Jr. and PRASHANT S. RAO from NYT Business Day https://ift.tt/2N0zfvP
August 29, 2018 at 02:00PM